The Summer Olympics Should Always Be in Los Angeles. Forever.

International Olympic Committee President Thomas Bach declared last month that with the renovated port and new hotels Rio would be in better shape for having hosted the Olympics. Sure, and the Oklahoma City Thunder will be better off without Kevin Durant. Rio is an extreme example of what happens to almost all cities that host the summer Olympics. These days hosting the summer Games runs between $15 billion and $20 billion. With some good fortune, hosting may produce $4.